Browsing Tag
Norfolk
13 posts
Cambridge Aerospace hits $3.4bn valuation as 30,000-interceptor production target tests defence-tech scale
Cambridge Aerospace has secured $300 million at a $3.4 billion valuation as it scales Skyhammer interceptor production and develops Starhammer. The valuation has more than doubled in four months, but manufacturing 2,500 interceptors a month and converting government testing into repeat procurement will determine whether the private-market enthusiasm is justified.
Hornsea 3 Offshore Wind Farm: UK’s 2.9GW North Sea project advances through offshore construction in 2026
The Hornsea 3 Offshore Wind Farm is a 2.9GW offshore wind project in the UK North Sea, owned 50% by Ørsted and 50% by Apollo-managed funds, with Ørsted leading construction and operations as the project targets completion around the end of 2027.
CACI International (NYSE: CACI) wins $113.8m Navy contract to modernize Military Sealift Command systems
CACI retained a strategically important Military Sealift Command programme after a four-bidder competition. The contract provides work through 2031 if all options are exercised, but its ceiling should not be treated as guaranteed revenue.
MSI opens major Norfolk Distribution Center, boosting Mid-Atlantic supply chain and local jobs
MSI opens its Norfolk distribution center, creating 80+ jobs and transforming Mid-Atlantic supply chains—find out how this facility reshapes the industry.
Industrial Realty Group expands with major acquisition in Norfolk
Industrial Realty Group, LLC, one of the largest players in the commercial and industrial property sector, has made…
Emergence of Bluetongue virus in UK: Impact on farming and livestock safety
The United Kingdom’s Chief Veterinary Officer has issued a warning to farmers to stay vigilant after the Bluetongue…
Richardson Malting acquires Anglia Maltings to expand international malt production
Richardson Malting, a UK-based subsidiary of Canadian agriculture and food processing giant Richardson International, has acquired Ragleth Limited,…
BAE Systems bags $295m contract for modernizing USS Kearsarge from US Navy
BAE Systems has bagged a contract worth $294.7 million from the US Navy to drydock and carry out…
Capita wins contract extension to support WAN for East Coast and Hertfordshire Control Room Consortium
UK-based business process outsourcing company Capita has been awarded a £700,000 three-year contract extension to manage a shared…
Elizabeth River Tunnels Project : Skanska to sell 50% stake for $625m
Swedish construction company Skanska has agreed to sell its 50% stake in Elizabeth River Crossings HoldCo (ERC), the…